Economy
Economy
Government spent €40 million on Ukrainian refugee accommodation, audit finds
An Audit Office report has revealed that the Cypriot government spent approximately €40 million for the accommodation of Ukrainian...
Economy
World’s workers increasingly at risk as climate changes, ILO says
More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of...
Economy
Leading economic index sees decline in March
Negative annual growth rate for Cyprus's Leading Economic Index (LEI) was recorded in March, showing an annual decline of...
Economy
Cyprus reports significant fiscal surplus in 2023
Cyprus's fiscal surplus in 2023 amounted to €918.7 million or 3.1% of GDP, marking the highest percentage of GDP...
Economy
Cocoa farming in Liberia risks undermining EU deforestation law
Farmers are clearing forests in Liberia to create cocoa plantations and are trafficking the beans into neighbouring Ivory Coast,...
Economy
New Brexit border checks could stifle fine food imports from EU, warn sellers
Panzer's delicatessen in north west London has lost 37 suppliers from the European Union since Britain left the bloc's...
Economy
FACTBOX-What are the new post-Brexit border controls starting on April 30?
On April 30, the second phase of Britain's new post-Brexit border controls for food imports from the European Union...
Economy
Housing affordability challenges for young couples
The need for housing leads either to borrowing or renting, but both options are costly affairs.
The majority of young...
Economy
Significant drop in non-performing loans
The openings of banks to non-performing loans have significantly decreased to below €2 billion, but a large part of...
Economy
Sunak proposes tougher rules to combat ‘sick note culture’
British Prime Minister Rishi Sunak said on Friday the government would look to tighten rules for long-term sick leave...
Economy
Meta releases early versions of its Llama 3 AI model
Meta Platforms META.O on Thursday released early versions of its latest large language model, Llama 3, and an image...
Economy
Crypto fans count down to bitcoin’s ‘halving’
Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed...
Economy
Britons unprepared for new EU entry system causing long queue fears in airports
A new survey reveals a significant lack of awareness among Britons about the upcoming European Union Entry/Exit System (EES),...